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Axis bank The Competition Commission of India has considered the proposed combination and approved the subscription to 14,25,79,161 equity shares of Max Life by the Bank. KEC International The company has secured new orders of Rs. 816 crores across its various businesses Brigade Enterprise Brigade Group signs a Joint Development Agreement for an Office Space in Whitefield, Bengaluru with a Development Value of Rs.340 Crores. Vedanta Vedanta Aluminium Expands Alumina Refining Capacity to 3.5 million tonnes per annum (MTPA)”. Anup Engineering Board fixed 23rd April 2024 as the Record Date for bonus issue Gufic Biosciences The company has incorporated a wholly owned subsidiary, “VEIRA LIFE FZE,” in Dubai for the marketing, distribution, and sale of pharmaceutical products. GE Power The company received orders worth Rs 774.9 crore from Jaiprakash Power. Suryoday Small Finance Bank The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY. RBL Bank The company reported total deposits at Rs 1.03 lakh crore, up 22% YoY as of March 31 and gross advances at Rs 85,640 crore, up 5% YoY. Vodafone Idea The board will meet on April 6 to consider share issuance proposals of equity and/or convertible shares on a preferential basis. L&T Finance Holdings The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY
Thu. Apr 11th, 2024
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stock updates

🔸 Auropharma

Eugia Pharma Specialities Ltd has started distribution of aseptic products manufactured at Unit III, that was temporarily stopped. The company also expects to start commercial production from the aseptic lines of the said facility in a phased manner

🔸 Indoco Remedies

The company approved the purchase of 2,860 sq m of land in Mumbai.

🔸 Sterling & Wilson

The company has issued clarification on the Shapoorji stake sale report and said it is not aware of negotiations

🔸 Shree Cement Limited

The Company has entered into an Asset Purchase Agreement with M/s Starcrete LLP for purchase of five ready mix concrete plant located in Mumbai Metropolitan Region of Maharashtra.

🔸 Avenue Supermarts Limited

The Company has opened two new stores today at Proddatur, YSR Kadapa (Andhra Pradesh) and at Shirdi (Maharashtra) today. The total number of stores as on date stands at 350.

🔸 ITC

British American Tobacco, the largest public shareholder of the company, has launched a block trade to offload up to a 3.5% stake in the company for over Rs 17,482 crore.

🔸 Vedanta

SEBI has ordered the company to pay Rs 77.62 crore to Scottish explorer Cairn for delay in payment of dividends and barred the firm’s entire board from accessing the capital market for

🔸 Glenmark Pharma

The company completed the transfer of the remaining 20% stake in Glenmark Life Sciences to Nirma.

🔸 Allcargo Logistics

The company LCL volume for the month of February increased 7% YoY and FCL volume up 5% YoY for the month of February.

🔸 Muthoot Capital

The company partners with Greaves Cotton unit Greaves Finance 100% EV-focused lending platform evfin for electric two-wheeler financing across India

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